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CoinWorld News reports, ME News reports, on January 10 (UTC+8), Friday, the US mortgage rate fell below 6% for the first time in years. This comes after Trump ordered his "representatives" to start purchasing $200 billion worth of mortgage bonds, as part of his latest measures to help Americans cope with high living costs. According to data from Mortgage News Daily, on Friday morning, the average rate for a 30-year fixed mortgage dropped to 5.99%, down from 6.21% on Thursday. This is the lowest level since February 2023 for the 30-year fixed mortgage rate. As of Friday, the average rate for a 30-year fixed mortgage has decreased by over 1% in the past year. The rate for a 15-year fixed mortgage also dropped significantly to 5.55%.